A Lot Of New Yorkers Think They Deserve A Special Tax Breakhttp://www.businessinsider.com/income-tax-break-for-new-yorkers-2012-12/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Sun, 02 Aug 2015 17:19:37 -0400Dan Caplingerhttp://www.businessinsider.com/c/50dc9f7b6bb3f75348000002krypticThu, 27 Dec 2012 14:20:27 -0500http://www.businessinsider.com/c/50dc9f7b6bb3f75348000002
Not just NYC, also applies to Alaska, CA and HI.http://www.businessinsider.com/c/50db70cc69bedd831900000eJames AndrewsWed, 26 Dec 2012 16:49:00 -0500http://www.businessinsider.com/c/50db70cc69bedd831900000e
We need to end the deduction for state and local taxes. There is no reason people living in states that restrain spending should subsidize people living in high tax states. When someone writes off the 13% California state income tax it means everyone in the country is paying 40% of their tax burden. Level the playing field and end deductions for state and local taxes.http://www.businessinsider.com/c/50db6eb1ecad043a1e000018carismarWed, 26 Dec 2012 16:40:01 -0500http://www.businessinsider.com/c/50db6eb1ecad043a1e000018
Schumer can't have his cake and eat it too.http://www.businessinsider.com/c/50db5b02eab8ea855200000aBernie MadoffWed, 26 Dec 2012 15:16:02 -0500http://www.businessinsider.com/c/50db5b02eab8ea855200000a
I am always willing to give New Yorkers everything that they deserve, and I believe, religiously, in the words of P.T. Barnum; "Never give a sucker an even break".http://www.businessinsider.com/c/50db5722eab8ead94a000005jsreillyWed, 26 Dec 2012 14:59:30 -0500http://www.businessinsider.com/c/50db5722eab8ead94a000005
Agreed. No one is forcing them to live there, and their are lots of easy access options for them (living in the suburbs, and commuting in). They want a status symbol, and they earn enough to pay for it. But this is the same as saying "Let's give a tax break to those who own yachts. Yachts are expensive, and hard to maintain, and it is impossible to keep up with the Rockefeller without such a tax break.' It is much harder for someone to get a new high paying job, than to move to a cheaper area. Best part is that if a whole bunch of people flee the city, the cost of living will go down for all.http://www.businessinsider.com/c/50db536469bedd3c55000001Logic TestWed, 26 Dec 2012 14:43:32 -0500http://www.businessinsider.com/c/50db536469bedd3c55000001
, but the jobs are often better and higher paying.
So it evens out.
If its so tough to live in the city, just go to the burbs where it is "cheap"
lolhttp://www.businessinsider.com/c/50db4f33ecad042964000009GregWed, 26 Dec 2012 14:25:39 -0500http://www.businessinsider.com/c/50db4f33ecad042964000009
No. There is no reason for the rest of the country to subsidize the choice of a minority to live in a densely populated expensive area like New York. It's a perfectly valid choice, and it offers a tremendous array of benefits to people who choose to spend their money in that manner, but it is a choice and not one anyone else should have to pay for.
Even if you argue that some people must work there (that's absurdly myopic by the way), having lived in the region I can say that it is a fact that there are a huge array of places in all cost ranges that are commutable to Manhattan by car, bus or train.